Blade set to go public in SPAC

Fly Blade spac

The deal values Blade at an estimated pro forma equity value of $825 million

Blade Urban Air Mobility follows SurfAir and Kenn Ricci, the principal of Flexjet, Sentient, FXAIR, PrivateFly owner Directional Aviation, into the public markets. Like the West Coast flight-sharing service and Ricci’s Zanite Acquisition Corporation, the vehicle is a special purpose acquisition company known as a SPAC.

Let’s make a deal. The private jet M&A market is hot, but not without risks

Private aviation M&A

Vista Global’s deal yesterday with Red Wing that brings it 15 light jets to XOJET is the latest and doesn’t look to be the last

In just over 3 years, we’ve tracked over 50 deals, fundraises, launches, and bankruptcies

(Updated Jan. 11, 2021) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.

JetSuite launches U.S. Open tennis VIP access for SuiteKey members

JetSuite Experiences by Embark Beyond offers customers bespoke travel experiences, including special access at major sporting and cultural events

Dallas-based charter operator JetSuite is offering its customers VIP access to the U.S. Open tennis championship being held in New York City August 26 through September 8, 2019.

SuiteKey jet card members and on-demand charter customers can take advantage of the JetSuite Experiences program to attend the Open with premium seating, luxury hotel suites, player meet and greets, official after parties, and opportunities to show off their skills at the USTA National Tennis Center.

The U.S. Open offerings are part of a broad partnership with Embark, the luxury travel agency, launched in May. Last year, JetSuite relaunched its jet card program offering gourmet catering and perks for top tier members, including free helicopter transfers via Blade.

JetSuite’s SuiteKey jet card program is getting a 10th-anniversary makeover

JetSuite wants to bring a premium experience to the light jet charter market and is making a number of changes it says are based on customer feedback

 

As Dallas-based private jet operator JetSuite gets ready to enter its second decade the company is making sweeping changes to its SuiteKey jet card program. Stephanie Chung, JetSuite’s recently appointed president, tells Private Jet Card Comparisons the moves are part of a “complete brand refresh” that will hit “every touch point…from a new website to invoices. Our goal,” she says, “is to bring a premium experience to the light jet category,” adding, “Most of the competitors tend to focus on their heavy aircraft because that’s where the biggest margin is.” 

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